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ICYMI – Standard Chartered forecasts Bitcoin to US$200K

Standard Chartered on Bitcoin, forecasts:

  • $125,000 by the end of this year
  • $200,000 by end-2025

Expects a dip below $88,700 in the current retracement phase.

  • says to buy between $85,000 and $88,700

Stan Chart cite:

  • large increase in bitcoin buying from exchange-traded funds (ETFs) and Microstrategy since the US election
  • says average of buys is $88,700

This article was written by Eamonn Sheridan at www.forexlive.com.

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